Mind Control 101 – Trading cults in ET

Its called "going to bed". You see, some of us can walk away from ET when its time for bed, others (you) stay up late chasing Jack Hersh around the internet

:cool:

Quote from Trader666:

r.ratshit has run away yet again...
 
Quote from Rabbitone:

......................................... because we have no one to blame but ourselves when we fail in trading.

Regards

RabbitOne

Life is soooooooooooo unfair

regards
f9
 
But you can't walk away from your past and your naive ingratiation of a faux guru. So how did Jack's "teachings" work out for you? :p

Swordless (R. Raskolnikov) has diligently studied Jack's "teachings" and his progression through the four stages of being a Hershey trader has been noteworthy. His Stage 1 behavior has been extreme -- especially his ingratiation -- even for a koolaid drinker. And since Swordless also suffers from a more severe reality deficit disorder than the average cultist, he is still shifting back and forth between Stages 3 & 4.

Stage 1 -- Eagerness and Ingratiation

licking my chops as i only get better :) yes, agree jack and spyder are great, jack is a little tough to follow but his teachings, once untangled, are very helpful!
http://www.elitetrader.com/vb/showthread.php?s=&postid=1563544&#post1563544

Stage 2 -- Delusion and Defensiveness

Im sure you probably didnt know this but actually on the very first page of the "Spydertraders Jack Hersheys Futures" thread there are links to many pieces of info for people to do their due dilligence first, ranging from the terminology to concepts to just basic background info. Anyone who read that stuff and continued on would never been seen as following a guru blindly. And it cleary states that one should read all the associated links before moving on.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1862711&#post1862711

Stage 3 -- Denial

I've repeatedly told you I don't trade SCT only that I asked some questions over a year and a half ago
http://www.elitetrader.com/vb/showthread.php?s=&postid=2082939&#post2082939

Stage 4 -- Acceptance

Not once have I ever spoken to Jack Hershey and for all I know he's a shitty trader like you all say.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1753104&#post1753104

Quote from R. Raskolnikov:

Its called "going to bed". You see, some of us can walk away from ET when its time for bed...
 
Quote from R. Raskolnikov:

Its called "going to bed". You see, some of us can walk away from ET when its time for bed

Certainly not you if there is a Hershey thread :p
 
Quote from Trader666:

What happened to the second buy arrow, Jack?


You tell us its of your making. My chart is on the right.

In most forms of hold reversal trading, no one does two consecutive trades in the same direction. Were you scaling up or something? You tell us. I was in hold.


Also, what are those blank spots above the purple arrows and below the green arrows?

I take an automatically annotated chart to paint and I erase the name (kind of) trade. In ATS outputs to execution platforms, a log also is kept and that descriptive data stuff I erased goes in the log as well.

Posting a chart has little exposure to reverse engineering as we all know.

Here is another point on the chart that Pointone enquired about. I could do a similar one for your chart and it would show how the reversal you show on an LTL is not traded on this Cash Cow Basic ATS since it just trades channels and doesn't double down on LTL's. It is identical to the location you posted for a short channel.


<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2407965>

attachment.php



Edit: for those who trade traverses; both channel are showing a three bar Hershey Hinge (HH); you will remember the trade id taken at point 3 of the last bar of the hinge (google the presentation from the past)
 

Attachments

Hey Jack don't play the C card when challenged to a trading contest and then keep posting your drivel here

Shit or get off the pot
 
while we are dwelling on the finer point of a cult, let's check back on some JH traders results

Quote from Monkman:

[]For next month's trading I am going to raise the amount I put into each stream. I started with 5k per stream, then 10k half way through, and now I am up to 20k.

New breakdown as follows:

20k per position, 4 position max []

Quote from RoughTrader:

[]Thursday, 04/30/2009
Security: ESM9
Session PNL: $999.20 USD
To-Date PNL: $10,019.44 USD
Account Balance: $95,396.58 USD []
 
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